In 1998 the Federal Government introduced reforms to the way in which aged care in Australia is financed. There are now two major types of payments for aged care, depending on a resident's income and assets: daily care fees, which are a contribution to the costs of care; and accommodation payments, which are a contribution to the costs of the accommodation. Residents entering Thompson Health Care's extra service nursing homes pay an accommodation bond, previously known as an "entry contribution", and an income-tested basic daily care fee which is determined by Centrelink.